Stocks ended the week higher despite lack of progress on a tax bill as investors looked to positive economic and corporate news. GE and Pfizer rose, while Kraft and Boeing fell.
Stocks gained Friday following a handful of positive economic news and after GE boosted its quarterly dividend for the second time this year. GE and Pfizer rose, while Kraft and Boeing fell.
Stocks gained after General Electric boosted its quarterly dividend. Stocks had been fluctuating in a narrow range Friday despite a better-than-expected reading of consumer confidence, and a narrowing of the U.S. trade deficit in October.
China raised the reserve requirement ratio (the amount of money banks must keep on reserve). This comes ahead of that country's November CPI data, due to be released tomorrow. Also: United Technologies (UTX) provided guidance for 2011 that was moderately below consensus
In October last year, Laszlo Birinyi, president of Birinyi Associates, cut back on his exposure to the energy sector, selling off energy ETFs and Exxon Mobil — and the stock is down about 2 percent since then. Heading into the new year, Birinyi shared his top five picks for 2011 with CNBC.
Stocks advanced Wednesday, boosted by a handful of positive news on the corporate front, but a rise in bond yields and the dollar limited gains. Robert Millen, co-portfolio manager at Jensen Investment Management, and David Joy, chief market strategist at Columbia Management, shared their best plays.
Stocks ended mixed after trading in a narrow range most of the session amid light volume Monday, as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. Cisco and Pfizer rose, while BofA fell.
Stocks moved in a narrow range amid light volume Monday, and were ending the session mixed as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. BofA and Cocoa-Cola fell, while Cisco rose.
Stocks declined as investors continued to consider future troubles in the euro zone and comments over the weekend by Federal Reserve Chairman Ben Bernanke indicating the central bank was willing to pump even more money into the economy. BofA and DuPont fell, which Cisco rose.
Whether it's earnings reports, analyst meetings or unemployment data, here's what you need to know.
Stocks ended 2 percent higher for the first trading day of the month, wiping out November's losses, after several economic reports gave investors confidence the U.S. economy is improving. Home Depot and Microsoft rose.
Stocks continued to soar more than 2 percent on the first day of December after news the Federal Reserve's regional survey showed growth is rising throughout most of the U.S. The market was strong from the start after an upbeat report on private sector jobs and news that manufacturing activity in China reached a seven-month high. Home Depot and Microsoft rose.
Stocks climbed at the open after good news on private sector jobs added to better-than-expected manufacturing data from China, and a calmer tone in Europe, to lift investor sentiment. Home Depot and United Technologies rose.
Here's why you should keep a close eye on these six stocks.
Stocks climbed Wednesday after positive news on private-sector jobs added to better-than-expected manufacturing data from China. Mario Gabelli, chairman, CEO and CIO of Gamco Investors, shared his market outlook and best investment advice.
Stocks lost ground in the final minutes of trading after moving higher in the wake of news that the Obama administration will work with Republicans on the tax dispute. Rising worries over sovereign debt concerns in the euro zone kept a check on gains throughout the session. BofA and Procter & Gamble fell.
Stocks declined, but ended significantly off session lows, as financials gained and the dollar slipped, although investors remained concerned about the effectiveness of Europe's attempt to contain sovereign debt troubles. HP and Home Depot fell, while AmEx and BofA rose.
Stocks came back from session lows as financials gained, although the market remained lower amid continuing fears about Europe's ability to harness a credit crisis despite a weekend bailout agreement for Ireland. HP and Home Depot fell, while AmEx and BofA rose.
Firms are sitting on more money in their corporate bank accounts than ever before. What will they do with all the extra cash? Michael Thompson, managing director of valuation and risk strategies at Standard & Poor’s, shared his insights.
Stocks sank Monday as a strong start to the December holiday shopping season failed to counter investor concerns about the wider implications of debt burdens throughout Europe even as a final agreement was reached on Ireland's bailout fund. HP and Boeing slumped, while Bank of America rose.